Absa Group Ltd (fka Barclays Africa Group Ltd) (ABGSJ)

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Absa Group Ltd (fka Barclays Africa Group Ltd) (ABGSJ)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
HYC	FNCL	PRCD	ABGSJ	Absa Group Ltd (fka Barclays Africa Group Ltd)	$500		1	EMEA	May 20, 2021

Tranche #1Absa Group Ltd (fka Barclays Africa Group Ltd)

currency

USD

size (m)

500.000

maturity

type

Fixed

tenor

Perp

call

5.50

registration

Reg S Only

benchmark

Tsy

ranking

Additional Tier 1

moody's

s&p

fitch

size description

re-open/tap

ipt

6.875% a

ipt-pxd

guidance

6.375-6.5% a

spread

coupon

6.375%

spread set

price

100.00000

yield

6.375%

book size (m)

2,800

peak book (m)

x-covered

5.6

book attrition

nic

left lead

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

2,800

peak book (m)

x-covered

5.6

book attrition

nic

left lead

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

P NC 5.5: Book size: 2800; Redemption: 2026-11-27; Registration: Reg S Only; Comments: USD500m PNC5.5 AT1 RegS. B2. Absa/Barc/BofA(B&D)/HSBC/StCh. IPTs 6.875% area for exp 400m, guidance 6.5% area, launch 500m at 6.375%, bk >2.8bn, Priced Thurs. UST 0.75% 04/30/2026 at 99-19 3/4 / 0.829% UST 1.25% 04/30/2028 at 99-22 + / 1.295%, T+541.1 (Interpolated CT5 & CT7);

Deal Comments

Tier 1

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Absa Group Ltd (fka Barclays Africa Group Ltd) (ABGSJ)

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